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Valley Tuition Organization

Valley Tuition Organization

Phoenix, AZ
Tax ID81-2701532

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About this organization

Revenue

$219,967

Expenses

$134,549

Mission

The Organization's mission is to provide affordable Jewish private school education for all students through scholarships. The Organization allocates at least 90% of its annual revenue for tuition grants to K-12 students to allow them to attend any qualified private school.The Organization is an approved "School Tuition Organization" (STO) for both individuals and corporations. The rules governing an STO are administered by the Arizona Department of Revenue.

About

The Organization is a school tuition organization as defined in Arizona Revised Statute 43-1089, and as such, must allocate at least 90 percent of its qualifying annual revenue for educational scholarships or tuition grants. The Organization strives to ensure affordable Jewish private school education for all students. In this reporting year the Organization was able to provide 58 scholarships to 5 separate private schools

Interesting data from their 2019 990 filing

The filing reveals the mission of the non-profit as “The organization's mission is to provide affordable jewish private school education for all students through scholarships. the organization allocates at least 90% of its annual revenue for tuition grants to k-12 students to allow them to attend any qualified private school.the organization is an approved "school tuition organization" (sto) for both individuals and corporations. the rules governing an sto are administered by the arizona department of revenue.”.

When detailing its functions, they were listed as: “The organization's mission is to provide affordable jewish private school education for all students through scholarships. the organization allocates at least 90% of its annual revenue for tuition grants to k-12 students to allow them to attend any qualified private school.the organization is an approved "school tuition organization" (sto) for both individuals and corporations. the rules governing an sto are administered by the arizona department of revenue.”.

  • According to the law, the state where the non-profit operates has been reported as AZ.
  • The filing specifies that the non-profit's address in 2019 was 7220 N 16th Street No J, Phoenix, AZ, 85020.
  • As of 2019, the non-profit's form shows they have a total of 0 employees.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $85,418.
  • The organization has 2 independent voting members.
  • The organization was formed in 2016.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $7,542 in fundraising expenses.

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