Civic Intelligence

Arizona Student Achievement Coalition

990 • Fiscal year 2016 • EIN 46-3608380

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

12439 N 32nd StreetPhoenix, AZ 85032

(602) 944-0644

Siviq Scores

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

Liabilities / Assets

94th percentile

0.76x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.38x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

62nd percentile

8.2%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

100th percentile

$218,755

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 90.8% of source-year revenue.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

100th percentile

1125%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

100th percentile

2310%

Faster revenue growth than 100% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$122,509

Up $112,509 (+1125%) from 2015

Net Assets

$29,739

No earlier filing loaded for comparison.

Liabilities

Up

$92,770

Up $92,770 from 2015

Revenue

Up

$241,000

Up $231,000 (+2310%) from 2015

Expenses

Up

$221,261

Up $221,261 from 2015

Net Income

Up

$19,739

Up $9,739 (+97%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $10,000Liabilities 2015: $02015Assets 2016: $122,509Liabilities 2016: $92,770Net Assets 2016: $29,7392016Assets 2017: $18,969Net Assets 2017: $18,9692017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$122,509
Liabilities$92,770
Net Assets$29,739

Operations Trend

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

$300K$200K$100K$0Revenue 2015: $10,000Expenses 2015: $0Net Income 2015: $10,0002015Revenue 2016: $241,000Expenses 2016: $221,261Net Income 2016: $19,7392016Expenses 2017: $10,7702017Expenses 2018: $18,9692018

Highlighted filing

2016

Revenue$241,000
Expenses$221,261
Net Income$19,739
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$241,000
Mission and Program Overview

Mission

The coalition's mission is to support public policies and policy makers that empower students, teachers and schools, and support leaders who share our belief that quality education remains the surest path to the american dream. The coalition will allocate the majority of its resources toward social welfare, including educating the public through policy briefs and research on complex k12 finance and accuntability issues, supported by developing spokespeople, storytelling and mobilizatin of grassroots, with the remaining effots to support polcies and policy makers that support the expansion of quality school; transparent and fair funding; and measuring impact.

Support public policies and policymakers that promote student achievement, and to educate and inform the public on topics involving the access to high quality schools; transparent and fair funding for all students; and measuring impact for any school receiving state funding.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,000$122,509▲ $112,509
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,000$122,509▲ $112,509
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$92,770-
Total Liabilities$0$92,770▲ $92,770
Net Assets / Fund Balance
Unrestricted Net Assets$10,000$29,739▲ $19,739
Total Net Assets Fund Balance$10,000$29,739▲ $19,739
Total Liabilities and Net Assets / Fund Balance$10,000$122,509▲ $112,509
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Eileen SigmundDirector$3,802$214,953$3,802

Board Members and Trustees

NameTitle
Lisa Graham KeeganPresident
Benjamin QuayleDirector
Larry LuceroDirector
Lynn AdamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$241,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$241,000
Change in Net Assets
$19,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,459
Salaries, Compensation, and Employee Benefits$3,802
Total Fundraising Expense$3,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$15,455-$15,455
Other Expenses$10,000--$10,000
Occupancy-$7,614-$7,614
Current Officers, Directors, Trustees, and Key Employees$1,008$2,665$129$3,802
Fees for Services Accounting-$3,585-$3,585
Conferences and Meetings--$3,110$3,110
Fees for Services Legal-$2,950-$2,950
Fees for Services Other-$2,876-$2,876
Total Functional Expenses$182,877$35,145$3,239$221,261
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
Yes
Lobbying activity
No
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Total Exempt Function Spending$75,543
Section 527 Activity Spending$65,543

Section 527 Organizations

OrganizationLocationAmount
81-2894453Tempe, AZ$5,000
81-2838323Phoenix, AZ$5,000
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common Board MembersReimbursementNo$61,233
-Common Board MembersReimbursementNo$31,537

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

The organization prepares minutes for all board meetings but does not have committees.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 undergoes a detailed review by selected members of the board of directors and all members are provided a copy of the 990 and are invited to review the return before filing. In addition the corporate attorney reviews the 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All interested persons are required to annually sign a statement stating they have: 1) received a copy of the Conflict of Interest Policy, 2) read and understood the Policy, 3) agreed to comply with the Policy, and 4) understand that the Corporation is a charitable organization and that in order to maintain its federal tax exemptions it must engage primarily in acitivites that accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

See Schedule L where it is explained ASCA was reimbursed for shared expenses such as rent, insurance, postage, printing & other office expenses as well as reimbursement of $3,802 for wages paid to Eileen Sigmund for work on behalf of ASAC. ASAC does not currently have any full-time employees, however, there is a policy in place which would base wages on the performance, skills, and competencies of the employees as well as other factors including comparable wage data and use of wage consultants as necessary, if ASAC were to have full-time employees.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

See Schedule L where it is explained ASCA was reimbursed for shared expenses such as rent, insurance, postage, printing & other office expenses as well as reimbursement of $3,802 for wages paid to Eileen Sigmund for work on behalf of ASAC. ASAC does not currently have any full-time employees, however, there is a policy in place which would base wages on the performance, skills, and competencies of the employees as well as other factors including comparable wage data and use of wage consultants as necessary, if ASAC were to have full-time employees.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All public documents are available upon request to the corporate office.

Filing and Contact Details

Filer

Filer Name
Arizona Student Achievement Coalition
EIN
46-3608380
Phone
6029440644
Address
12439 N 32nd Street, Phoenix, AZ 85032

Signing Officer

Name
Lisa Graham Keegan
Title
President
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Graham Keegan
Formed
2013
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Patricia L Lawrence CPA
Address
2715 E NORTH LN, PHOENIX, AZ 85028-3733
Preparer
Patricia L Lawrence
Phone
6027652226
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IRS990/Desc0Arizona's future is increasingly tied to its educational success. In 2016 the Coalition focused on policy briefs and research on complex K12 finance and accountability issues. Specifically, the Coalition focused its policy papers in four areas: education funding successes and failures, school finance reform, using measures beyond testing to evaluate schools, and reducing chornic absenteeism.
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IRS990/MissionDesc0The Coalition's mission is to support public policies and policymakers that empower students, teachers and schools, and support leaders who share our belief that quality education remains the surest path to the American dream. The Coalition will allocate the majority of its resources toward social welfare, including educating the public through policy briefs and research on complex K12 finance and accountability issues, supported by developing spokespeople, storytelling and mobilization of grassroots, with the remaining efforts to support policies and policymakers that support the expansion of quality schools; transparent and fair funding; and measuring impact.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Coalition supported one mailer to voters over 65 to support the passage of Proposition 123, a statewide ballot measure campaign in Arizona concerning education funding.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Eileen Sigmund
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0AZ Charter Schools Assoc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1AZ Charter Schools Assoc
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Arizona Charter School Association (ACSA) is an affilited organization whose President/CEO Eileen Sigmund is also a board member of Arizona Student Achievement Coalition (ASAC). ACSA was reimbursed for research, writing and production of four research reports including:A FOCUS ON REDUCING CHRONIC ABSENTEEISMSUCCESS BY THIRD GRADEArizona has made early literacy a top priority in education, with an emphasis on ensuring reading proficiency by third grade. It is widely known that third grade reading proficiency is one of the strongest predictors of high school graduation, postsecondary attainment and career success. But another year of data confirms a troubling pattern: too many of Arizonas students are not making the grade. Test scores highlight the urgent need to rethink our approach to preparing young people for academic success. At a premium are smart, cost-effective solutions that amplify the effect of what already works. For that reason, reducing chronic absenteeism should be a major focus of our efforts.CLOSING THE ACHIEVEMENT GAP THROUGH SCHOOL FINANCE REFORMLATINO EDUCATIONLatinos represent a large and fast-growing subset of the Arizona population. There are more than 2 million individuals of Latino heritage in Arizona, making up 31 percent of he states total population and 44 percent of its student population. Given that Latino students already represent a plurality of Arizona students, clear need exists to focus attention and resources on this population. One potential solution is through an unlikely source: rethinking Arizonas policy on bonds and overrides. Reforming our school finance system is a critical first step to addressing the impact of economics on this growing population. If we want our school funding system to be more equitable, we must make it less local. Reliance upon supplemental funding through bonds and overrides disadvantages schools; while wealthy districts may be able to generate additional resources, they dont always have community support and underprivileged communities serving Latino students in particular often dont take the risk due to the little reward. A system that provides the fewest resources to students with the greatest needs is fundamentally unfair. Arizona must replace its broken model with a school finance system that treats all students equitably. A WINNING CAMPAIGN FOR K-12 EDUCATION DESPITE CHANGING DEMOGRAPHICSTHE GENERATIONAL PINCHAcross the nation, states are entering the early stages of a generational pinch the product of rapidly expanding senior and youth populations combined with a shrinking taxpayer base. The political and budgetary pressures that will accompany shifting demographics present a serious challenge to the funding of public education. For Arizona, the impact of these demographic trends is not some hypothetical event in a distant future it is happening here and now. Our state has a large and rapidly expanding retirement and school-aged populations. For this reason, proponents of improving public education in Arizona cannot wait to develop strategies geared to a changing electorate. We are obligated by our circumstances to tackle these challenges today. And we are. In a May 2016 special election, Arizona voters narrowly approved Proposition 123 a historic ballot measure that will significantly boost K-12 funding without raising taxes. As a result, every public school in Arizona will receive its share of an added $3.5 billion over the next 10 years. Led by Governor Doug Ducey, a coalition organized as Lets Vote Yes for Arizona Schools (the Yes Campaign) successfully won support for Proposition 123 despite a pool of voters who were older and more skeptical of education spending than the general public. Arizonas successful campaign to win voter approval of Proposition 123 is a good case study for other states who may struggle to pass K-12 finance initiatives in the face of generational change.A-F SCHOOL ACCOUNTABILITYIDENTIFYING EXCELLENCERating Arizonas 2,015 public s
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization prepares minutes for all board meetings but does not have committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 undergoes a detailed review by selected members of the board of directors and all members are provided a copy of the 990 and are invited to review the return before filing. In addition the corporate attorney reviews the 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All interested persons are required to annually sign a statement stating they have: 1) received a copy of the Conflict of Interest Policy, 2) read and understood the Policy, 3) agreed to comply with the Policy, and 4) understand that the Corporation is a charitable organization and that in order to maintain its federal tax exemptions it must engage primarily in acitivites that accomplish one or more of its tax-exempt purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3See Schedule L where it is explained ASCA was reimbursed for shared expenses such as rent, insurance, postage, printing & other office expenses as well as reimbursement of $3,802 for wages paid to Eileen Sigmund for work on behalf of ASAC. ASAC does not currently have any full-time employees, however, there is a policy in place which would base wages on the performance, skills, and competencies of the employees as well as other factors including comparable wage data and use of wage consultants as necessary, if ASAC were to have full-time employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4See Schedule L where it is explained ASCA was reimbursed for shared expenses such as rent, insurance, postage, printing & other office expenses as well as reimbursement of $3,802 for wages paid to Eileen Sigmund for work on behalf of ASAC. ASAC does not currently have any full-time employees, however, there is a policy in place which would base wages on the performance, skills, and competencies of the employees as well as other factors including comparable wage data and use of wage consultants as necessary, if ASAC were to have full-time employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All public documents are available upon request to the corporate office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/AddressLine1Txt012439 N 32nd Street
IRS990/USAddress/CityNm0Phoenix
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085032
IRS990/VotingMembersGoverningBodyCnt05
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IRS990/WebsiteAddressTxt0azstudentachievement.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lisa Graham Keegan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Arizona Student Achievement Coalition
ReturnHeader/Filer/BusinessNameControlTxt0ARIZ
ReturnHeader/Filer/EIN0463608380
ReturnHeader/Filer/PhoneNum06029440644
ReturnHeader/Filer/USAddress/AddressLine1Txt012439 N 32nd Street
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ReturnHeader/Filer/USAddress/ZIPCd085032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATRICIA L LAWRENCE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02715 E NORTH LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0850283733
ReturnHeader/PreparerPersonGrp/PhoneNum06027652226
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patricia L Lawrence
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-10T12:52:03-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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