Arizonas Catholic Tuition Support Organization

Organization Overview

Arizonas Catholic Tuition Support Organization is located in Tucson, AZ. The organization was established in 1946. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Arizonas Catholic Tuition Support Organization employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Arizonas Catholic Tuition Support Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Arizonas Catholic Tuition Support Organization generated $14.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $12.3m during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

QUALIFIED SCHOOL TUITION ORG. WHO ACCEPTS TAX CREDIT CONTRIBUTIONS FOR TUITION ASSISTANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIVIDUAL TAX CREDIT SCHOLARSHIP PROGRAM - THE ARIZONA INDIVIDUAL TAX CREDIT PROGRAM ALLOWS TAXPAYERS TO DIRECT THEIR TAX LIABILITY TO HELP CHILDREN ATTEND A SCHOOL OF THEIR CHOICE. CTSO PROVIDES SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH FINANCIAL NEED. 90% OF THE SCHOLARSHIPS ARE AWARDED BASED ON VERFIED FINANCIAL NEED, 38% ARE FROM SINGLE PARENT FAMILIES, AND 90% REPRESENTS A DIVERSITY OF DEMOGRAPHICS. HISPANIC, NATIVE AMERICAN, ASIAN, AFRICAN AMERICAN, AND MULTI-RACIAL STUDENTS' SCHOLARSHIPS ARE AWARDED REGARDLESS OF RACE, CREED, GENDER, AND ETHNICITY, ETC.


CORPORATE TAX CREDIT SCHOLARSHIP PROGRAM - THE ARIZONA CORPORATE TAX CREDIT PROGRAM ALLOWS CORPORATIONS TO DIRECT A CONTRIBUTION TO A QUALIFIED SCHOOL TUITION ORGANIZATION AND, AT THE SAME TIME, RECEIVE A DOLLAR-FOR-DOLLAR CREDIT ON THEIR ARIZONA STATE TAX LIABILITY. SCHOLARSHIPS ARE ONLY AWARDED TO CHILDREN WHOSE FAMILY INCOME DOES NOT EXCEED THE CORPORATE TAX CREDIT INCOME LIMITS AND MEETS THE GUIDELINES AS DETERMINED BY THE STATE OF ARIZONA CORPORATE TAX CREDIT BILL. SCHOLARSHIPS ARE AWARDED REGARDLESS OF RACE, CREED, GENDER, AND ETHNICITY, ETC. 100% OF THE SCHOLARSHIPS ARE LOW-INCOME SCHOLARSHIPS.


DISABLED/DISPLACED CORPORATE SCHOLARSHIPS WILL BE AWARDED TO CHILDREN WHO HAVE AN INDIVIDUAL EDUCATION PLAN (IEP) OR A 504 PLAN FROM AN ARIZONA PUBLIC SCHOOL OR WAS AT ONE POINT PLACED IN THE ARIZONA FOSTER CARE SYSTEM, AND WHO MEET THE GUIDELINES AS DETERMINED BY THE STATE OF ARIZONA. CTSO WILL AWARDS SCHOLARSHIPS TO STUDENTS ATTENDING ANY QUALIFIED PRIVATE SCHOOL IN THE STATE OF ARIZONA. SCHOLARSHIPS ARE AWARDED REGARDLESS OF RACE, CREED, GENDER, AND ETHNICITY, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Gracie Quiroz Marum
CEO
$106,418
Robert Huber
President
$0
Dave Ball
Treasurer
$0
Christina Ronstadt
Secretary
$0
Cathy Hutchens
Vice President
$0
Rev Patrick Crino
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,322,564
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,322,564
Total Program Service Revenue$0
Investment income $27,596
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,069
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,356,229

Grants Awarded

Over the last fiscal year, Arizonas Catholic Tuition Support Organization has awarded $9,415,488 in support to 25 organizations.

Grant RecipientAmount

SALPOINTE CATHOLIC HIGH SCHOOL

Org PageRecipient Profile

Tucson, AZ

PURPOSE: TUITION SCHOLARSHIPS

$1,772,839

SAN MIGUEL HIGH SCHOOL

PURPOSE: TUITION SCHOLARSHIPS

$766,269

YUMA CATHOLIC HIGH SCHOOL

PURPOSE: TUITION SCHOLARSHIPS

$629,809

ST CHARLES APACHE MISSION SCH

PURPOSE: TUITION SCHOLARSHIPS

$529,745

ST AUGUSTINE CATHOLIC HIGH SC

PURPOSE: TUITION SCHOLARSHIPS

$435,239

SAN XAVIER MISSION SCHOOL

PURPOSE: TUITION SCHOLARSHIPS

$428,759
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Arizonas Catholic Tuition Support Organization has recieved totaling $13,969.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$8,519
Helios Education Foundation

Phoenix, AZ

PURPOSE: See Part IV

$5,450
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$616,819
Earnings-$95,352
Admin Expense$12,579
Net Contributions$110,000
Ending Balance$618,888

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